RE:RE:RE:Bought Back InIn your opinion only- KNT earnings per share a greater than Barrick's and yes it does trade at PE of 37. Part of the reason for this is that there is a POTENTIAL significant increase in production AND it is potential take over target. It a speculative stock and as such a PE of 37 really isn't high relatively
speaking. Tech stocks trade at very high PEs and bases on a whim and a prayer - vs. a solid asset base and resouce availablity.
Your concern about whether KNT can achieve 500,000/year rear is based on what ? other than your opinion and pessimism. Maybe KNT will only achieve 400,000- 500,000 -so what?. In fact KNT has delivered on its production promises in the past. Maybe takes a bit longer in some cases but overall they deliver and obviously have the resources and managementt and mining acumen to do this.
This is a speculative stock, like all junior mining stocks, which involves risk. It appears you probably aren't comfortable with this level of risk and probably should be in this type of stock.
In my opinion